Caris Life Sciences (CAI) Operating Expenses (2024 - 2026)

Caris Life Sciences (CAI) recorded quarterly Operating Expenses of $210.9 million in Q1 2026, up 3.14% quarter-over-quarter from $204.5 million in Q4 2025, and up 17.9% on a YoY basis from $178.9 million in Q1 2025.

Caris Life Sciences (CAI) Operating Expenses (2024 - 2026) Analysis & Trends

Caris Life Sciences' Operating Expenses history runs 3 years deep, the most recent figure standing at $210.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 17.9% year-over-year to $210.9 million; the TTM figure through Mar 2026 stood at $798.9 million (up 18.3% YoY), while the FY2025 annual figure was $766.9 million, up 14.57% from the prior year.
  • Operating Expenses was $210.9 million for Q1 2026 at Caris Life Sciences, up from $204.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $210.9 million in Q1 2026 to a low of $162.5 million in Q3 2024.
  • Historically, Operating Expenses has averaged $184.3 million across 3 years, with a median of $181.5 million in 2025.
  • Biggest YoY gain for Operating Expenses was 22.47% in 2025; the steepest drop was 13.37% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $167.0 million in 2024, then grew by 22.47% to $204.5 million in 2025, then increased by 3.14% to $210.9 million in 2026.
  • The last three Operating Expenses figures came in at $210.9 million (Q1 2026), $204.5 million (Q4 2025), and $184.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Caris Life Sciences 5.22 Bn 4.40 Bn 171.13 Mn 210.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 210.89 Mn
Dec 31, 2025 204.48 Mn
Sep 30, 2025 184.19 Mn
Jun 30, 2025 199.39 Mn
Mar 31, 2025 178.87 Mn
Dec 31, 2024 166.96 Mn
Sep 30, 2024 162.46 Mn
Jun 30, 2024 167.06 Mn